A RACE TO THE FINISH! Think of this as a race, with you and your Zip Code East Bay agent running side by side until we cross the finish line!
1) PREP & PRICING
Your Zip Code East Bay Agent will help you review your timeframe and financial expectations for the sale. We will help you decide what must be done to prepare your home for the market. And together we will evaluate local comparable sales to determine your home’s list price.
Your home will be listed in the MLS and we’ll work together to choose the most appropriate additional advertising channels and methods, including print and online, public open houses and private guided tours.
3) REVIEW & NEGOTIATE OFFERS
Your Zip Code East Bay agent will present all offers to you and negotiate to get you the best possible terms.
4) ESCROW OPENED
Once a final offer is accepted, buyer deposits their earnest money into an escrow account.
5) INSPECTIONS & DISCLOSURES
Buyer performs any additional inspections and then signs the disclosure package.
6) UNDERWRITING & APPRAISAL
Lender reviews buyer’s files. An appraisal will be done to establish the value of the property.
7) REMOVE CONTINGENCIES
The contract specifies a deadline to remove any and all contingencies. Once removed, the buyer’s earnest money is at risk if they decide to cancel the contract.
8) SIGN ESCROW DOCUMENTS
Buyer’s loan documents arrive at the title company. Buyers and sellers sign separately either on site or by mobile notary.
9) DOWN PAYMENT & LOAN FUNDING
Once the buyer’s funds to close are received, the lender will send in their money. You are almost there!
10) TITLE & CLOSE
Once all funds are in, the title company releases the grant deed for recording at the county, usually for the next day.
11) YOUR HOME IS SOLD!
The grant deed is recorded and your home is sold! Seller’s proceeds are typically received on the same day for a wire transfer, or in a few days if a check is mailed.